You are cautiously bullish on the common stock of the Wildwood Corporation over the next several...

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You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $50 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: A bull call spread is constructed by buying a call option with a low strike price, and writing another call option with a higher strike price for the same expiration date. Wildwood Corp Underlying Stock price: $50.00 Expiration June June June Strike Call Put 45.00 8.50 2.00 50.00 4.50 3.00 55.00 2.00 7.50 1. The cost to establish the bull call spread with $45 and $50 strike prices would be total for entire position (keep in mind one option contract is for 100 shares but all quotes are stated per share). A. $1,050 B. $650 C. $400 D. $400 income rather than cost 2. If in June the stock price is $53 your net profit on the bull call spread position with $45 and $50 strike prices would be A. $300 B. -$400 C. $100 D. $50 You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $50 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: A bull call spread is constructed by buying a call option with a low strike price, and writing another call option with a higher strike price for the same expiration date. Wildwood Corp Underlying Stock price: $50.00 Expiration June June June Strike Call Put 45.00 8.50 2.00 50.00 4.50 3.00 55.00 2.00 7.50 1. The cost to establish the bull call spread with $45 and $50 strike prices would be total for entire position (keep in mind one option contract is for 100 shares but all quotes are stated per share). A. $1,050 B. $650 C. $400 D. $400 income rather than cost 2. If in June the stock price is $53 your net profit on the bull call spread position with $45 and $50 strike prices would be A. $300 B. -$400 C. $100 D. $50